Revisiting the global financial crisis and its impact

A range of factors lie behind the severity of the global financial crisis and its fall out over the last year. Shane Oliver, Sydney-based head of investment strategy and chief economist at AMP Capital Investors makes a list of these factors. They include financial deregulation, the search for high-yield returns while ignoring the risks, low interest rates earlier this decade, financial innovation, high debt levels, and of course, greed on the way up and fear on the way down.The key le…